The “second” estimate for third quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 3.9 percent, higher than the 3.5 percent growth initially reported. In the revision, personal consumption expenditures and nonresidential fixed investment increased more than previously estimated, while private inventory investment decreased less. Residential … [Read more...] about Business Indicators: January 2015
Departments
What Are Your Hopes for the New Year?
“My resolution is to lose the same 5 pounds I resolved to lose last year.” Terry Fator | Headliner, The Mirage - - “My hope is that we can engage philanthropists, individuals and business leaders to join our mission in providing opportunity and choices for our students. Every adult has the power to make a difference in a child’s life.” Sonia J. McTaggart-Anderson | … [Read more...] about What Are Your Hopes for the New Year?
Helping Nevada Schools: Holistic Approaches to Tough Problems
We in business rarely have any particular expertise as educators, but many of us know that something must be done to help our challenged schools. Governor Sandoval has declared the state’s leading challenge is our unacceptably low high school graduation rate. So how does a company that wants to help Nevada schools and students get involved in a way that brings real … [Read more...] about Helping Nevada Schools: Holistic Approaches to Tough Problems
Steering Towards Technology: Nevada’s DMV works to Improve Systems
The Nevada Department of Motor Vehicles is in the midst of a technological revolution that will position the agency for the wave of innovation sweeping across the business and industry landscape. Advancements in personal computing and communications devices as well as the mobility of Nevada residents require that government agencies not only stay current on technological … [Read more...] about Steering Towards Technology: Nevada’s DMV works to Improve Systems
Around the State: December 2014
Board of Regents Announce UNLV President Nevada’s Board of Regents have announced their selection for the next president of the University of Nevada, Las Vegas as Dr. Len Jessop. Replacing Neal Smatresk who was appointed in 2009, Dr. Jessop was selected after a national search and is currently the dean of the Eller College of Management at the University of Arizona. Dr. Jessop … [Read more...] about Around the State: December 2014
Medicaid Expansion Pressures Nevada’s Poor, Doctors, State Budget
Addition of 281,000 to state dole creating long waits for doctor openings Last year, almost 25,000 Nevadans found their health plans canceled, thanks to the so-called Affordable Care Act. The ACA also caused a dramatic increase in the price of individual insurance plans — with Nevada having the largest premium increases in the entire country, according to a national study … [Read more...] about Medicaid Expansion Pressures Nevada’s Poor, Doctors, State Budget
Cecilia Lee: Cecilia Lee, Ltd.
Attorney at Law Cecilia Lee, Ltd. https://www.cecilialee.net/ How did you first get into your profession? I began working as a paralegal in a law firm after I finished graduate school. I really enjoyed the work and decided to go to law school. What do you want your legacy to be? A career of helping people and businesses solve their problems. What business advice … [Read more...] about Cecilia Lee: Cecilia Lee, Ltd.
John McClain: The Dog and Pony Show
Owner The Dog and Pony Show How did you first get into your profession? I started as a runner at an advertising agency, discovered the recording studios responsible for creating radio and tv spots and bothered them until they gave me a job sweeping up. What business advice would you give someone just starting in your industry? Try to find someone who is experienced to … [Read more...] about John McClain: The Dog and Pony Show
Sherrie Hermann: Cal Pac Painting of Nevada
President Cal Pac Painting of Nevada https://www.calpac.us/ How did you first get into your profession? I was working at Nabors Cadillac in Costa Mesa, California and a friend told me Cal Pac was hiring. I joined the company in 1984 as a secretary. What business advice would you give someone just starting in your industry? It is a lot easier today for a woman to … [Read more...] about Sherrie Hermann: Cal Pac Painting of Nevada
Red Report: December 2014
E Project, Multi-Family ADDRESS 5625 S. Hollywood Blvd., 89142 DETAILS The Tempo Senior Apartments recently opened. Ovation Development Corporation and Accessible Space, Inc. (ASI) co-developed the 101-unit affordable senior rental development located in Sunrise Manor. The Mediterranean-style residences feature 60 one-bedroom units. The community space includes high … [Read more...] about Red Report: December 2014
Office Summary: Third Quarter 2014
Southern Nevada The Las Vegas office market vacancy rate fell to 24.8 percent in the third quarter of 2014. Compared to the prior quarter, vacancies fell 0.4 percentage points. Meanwhile, the vacancy rate is down 0.7 percentage points compared to a year ago. While the office market vacancy rate remains significantly higher than its industrial and retail counterparts, it has … [Read more...] about Office Summary: Third Quarter 2014
Business Indicators: December 2014
The “advance” estimate for third quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 3.5 percent, lower than the 4.6 percent growth experienced in second quarter 2014. Personal consumption expenditures, nonresidential fixed investment, residential investment, federal government spending and state and local government spending made positive … [Read more...] about Business Indicators: December 2014
What is Nevada’s Greatest Challenge Going Into 2015?
“Our state’s greatest challenge is moving into yet again another year of not having a plan in place to facilitate the needs of our school district. Our state needs to attract and keep the best educators so that our students can flourish and stay in school creating a strong, smart work force for Nevada.” Michelle Jackson | President, Junior Achievement of Southern … [Read more...] about What is Nevada’s Greatest Challenge Going Into 2015?
Giving Proper Attention to Your “Entrance Strategy”
Business people with great ideas want to move on them quickly and see them flourish in the marketplace. Even new businesses often keep their eyes on an aspirational prize: the “exit strategy”. However, many businesses encounter difficulties and sometimes even debilitating conflicts during their life cycle because not enough attention was paid to the company’s organizational … [Read more...] about Giving Proper Attention to Your “Entrance Strategy”
Five Ways to Avoid Litigation
The reality of today’s world is that we live in a litigious society. Litigation is an expensive endeavor to all parties involved, not just financially, but also the lost opportunity costs associated with the amount of time spent litigating the case rather than focusing on your business itself. The best way to avoid litigation is to reduce the risk of being sued or having to … [Read more...] about Five Ways to Avoid Litigation